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2001 (7) TMI 50 - HC - Income TaxExtract: .......ibunal that there was no revival and there was no apparent intention to revive the business. The godowns had ceased to be commercial assets when they were let out to other concern on rent. That being the position, the Tribunal s conclusion are in order. Our answer is, therefore, in the affirmative, in favour of the Revenue and against the assessee.
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